Refer to the Balance Sheet Equation. To recognize the cost of goods sold ORP Corporation will reduce retained earnings and reduce ______________________________
Fill in the blank(s) with correct word
non-cash assets
non cash assets
You might also like to view...
Shondra owns a carpet-cleaning firm. If her objective is to produce immediate sales of her services, her firm's promotion mix should probably stress
A. advertising and sales promotion. B. advertising and personal selling. C. advertising and public relations. D. sales promotion and personal selling. E. sales promotion and public relations.
A radial tire manufacturer produces products in two departments—Divisions A and B. The company uses separate predetermined overhead allocation rates for each department to allocate its overhead. Divisions A and B have estimated manufacturing overhead costs of $150,000 and $350,000, respectively. Division A uses machine hours as the allocation base, and Division B uses direct labor hours as the allocation base. The total estimated machine hours were 31,000, and direct labor hours were 20,000 for the year.
Calculate the departmental predetermined overhead allocation rates. (Round your answer to the nearest cent.) A) Division A—$4.84, Division B—$17.50 B) Division A—$17.50, Division B—$4.84 C) Division A—$7.50, Division B—$11.29 D) Division A—$11.29, Division B—$7.50
Which of the following Big 5 personality traits describes being a nice person in general?
A. openness B. neuroticism C. extraversion D. agreeableness
The ________ is considered as the standard rate for variable overhead variances
a. prior–year rate b. actual rate c. predetermined overhead rate. d. industry average rate